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The crypto market took a slight downturn as Bitcoin (BTC) retested $90,000, balking at a breakout above $100,000. Is this the end of the bull market then? Far from it. This post will discuss the December price prediction for Cardano (ADA) and TRON (TRX), two top altcoins.
Further, the rising excitement around the viral AI crypto IntelMarkets (INTL) will be discussed, including why it is a new DeFi project worth betting on. Its AI-DeFi narrative and growth prospects are some of its biggest attractions, hailed by experts as the best new crypto to invest in.
IntelMarkets (INTL): A New AI-DeFi Project Primed to Skyrocket
IntelMarkets (INTL) is a novel AI altcoin buzzing with potential. The ongoing presale has become a favorite destination, selling out fast. Behind this rising interest is its innovative blend of AI technology, blockchain and DeFi and astounding upside potential.
Another factor driving demand is its fast-rising community. Over $2.4 million has been raised in funding, racing toward the $3 million goal in record time. In stage 6 of the ICO, a token costs only $0.054, which is believed to be ridiculously undervalued. Industry experts see a 50x jump in value after its debut, positioning it among the best cryptos to invest in.
In addition to the prospective upswings, its solid fundamentals—an AI-powered trading platform—attract whale and retail interest. It will be the first modern-gen exchange protocol as it integrates artificial intelligence across all levels. Further, the Intelli-M trading systems can perform rigorous technical calculations from multiple markets in seconds, and its trading robots can learn from their mistakes.
Cardano (ADA) Expected to Breakout Above $2
Cardano (ADA) is one of the top crypto coins and among this month’s top performers. Outperforming many top altcoins, the Cardano price soared 23% on the weekly chart and 175% in the past 30 days. It trades above $0.93, declining from a month-high of $1.14.
The recent market downturn pushed it below $1, which experts believe is a great buying opportunity. Moreover, technical indicators like the MACD level (12, 26) and the altcoin price trading above the 10-EMA ($0.89) and 10-SMA ($0.90) suggest an upswing.
With November one of its best performances, despite the recent downturn, a breakout above $2.5 might play out before Christmas. TheCryptoHome, an analyst, suggests a rally above $2 before the end of December, sharing a similar price outlook.
TRON (TRX) Eyes a Breakout Above ATH
After an impressive month, the Layer-1 crypto TRON (TRX) shares the spotlight. It rose from a monthly low of $0.15 as the TRON price skyrocketed 18% on the monthly chart, retailing above $0.19.
Despite falling from the month-high of $0.22, it has been a great November—and December promises more gains. Crypto analyst Tutdenizka expects a breakout above the $0.22 resistance might drive the price further. Another analyst, Crypto_pisano, believes TRON (TRX) is gearing up for a jump above $0.50, aiming to surpass the 2018 ATH of $0.3.
Meanwhile, given technical indicators like the TRX price hovering above the 20-SMA ($0.18) and 20-EMA ($0.19), it is one of the altcoins to watch. A breakout above $0.3 is on the cards this December, positioning it among the best cryptos to invest in.
IntelMarkets (INTL): Why it Might be a Better Bet Than Cardano (ADA) and TRON (TRX)
IntelMarkets (INTL) is a new AI crypto with solid fundamentals and massive growth prospects. Its AI-powered trading platform is designed to reshape the $36 billion global crypto trading market. With adoption imminent, it is poised to skyrocket, making it perhaps a better bet than large caps like Cardano (ADA) and TRON (TRX).
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*This article was paid for. Cryptonomist did not write the article or test the platform.
